DCC 1.89% 5.4¢ digitalx limited

Lets get some basic facts straight here guys, I feel the...

  1. 111 Posts.
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    Lets get some basic facts straight here guys, I feel the pessimism is through the roof in these threads.

    Let's take a step back

    As of the last 4C announcement DCC holds $3.5mil in Cash, 340k in liquid ievstments and 532 Btc.

    Each bitcoin is worth $56k USD currently * 532
    = 29792000USD

    Using USD/AUD spot rate of $1.27

    The bitcoin position alone is worth $37,855,145.22

    In total the company currently has cash+financial investments of $41.7m

    Current company market cap is $57m.

    So at this very moment the EV of the company is $15.3m. Right now the market is valuing all the services and products that DCC has in it's pipeline and all associated future growth in cash flows and revenue at only $15.3m, seems like a super bargain to me.

    I bought in at 9.1c on friday. I've never been a believer in cryptocurrencies but i've always believed in value. If I might as well get some exposure to crypto I'd rather buy something that's deep deep value.

    Good luck to all that have sold but the market will always rerate.
 
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Last
5.4¢
Change
0.001(1.89%)
Mkt cap ! $46.78M
Open High Low Value Volume
5.3¢ 5.4¢ 5.0¢ $92.11K 1.752M

Buyers (Bids)

No. Vol. Price($)
4 113878 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 188678 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
DCC (ASX) Chart
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